MRCB H1 losses narrow on lower impairments


Revenue was mainly contributed by the construction of the EPF Headquarters at Kwasa Sentral, and the Damansara-Shah Alam Elevated Highway Package CB2, among others.

PETALING JAYA: Malaysian Resources Corp Bhd’s (MRCB) losses narrowed sharply by 83% year-on-year (y-o-y) in the first half (H1) of financial year 2021 (FY21) as a result of lower impairments, despite a drop in revenue.

The group said in a statement that its pre-tax loss reduced to RM32.5mil in H1 ended June 30, compared to a loss before tax of RM196mil in the previous corresponding period.

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